The rumors are true. The Young and the Restless is about to retire one of its most iconic sets — the Newman Ranch. According to Soap Opera Uncensored's Nelson Branco, the sprawling estate Kay Chancellor (Jeanne Cooper) sold to Victor Newman (Eric Braeden) way back in the early 80's, is about to be torched by that whack-o-mess Sharon (Sharon Case)!

According to Branco, the fictional spread won't be rebuilt. Victor and Nikki (Melody Thomas Scott) will instead move into (Gasp!) a penthouse. This is not right, and it's not okay. Nikki Newman is supposed to be back on that ranch in a chinchilla coat in time for winter! Grrr...